Zagu is a popular Filipino franchise chain that sells a variety of refreshing and fruity beverages, including their signature pearl shake. If you are interested in starting a Zagu franchise, there are a few things you need to consider, including the price.
The cost of starting a Zagu franchise can vary greatly depending on several factors, such as the location of the franchise, the size of the franchise, and the type of franchise you are interested in. For example, if you are interested in opening a small, kiosk-style franchise, the cost may be lower than if you were interested in opening a larger, sit-down style franchise.
According to the Zagu website, the total investment for a kiosk-style franchise ranges from PHP 450,000 to PHP 550,000 (Philippine pesos). This includes the franchise fee, which is PHP 300,000, as well as the cost of equipment, signage, and other expenses. The total investment for a sit-down style franchise ranges from PHP 1,000,000 to PHP 1,500,000.
In addition to the initial investment, there are also ongoing fees that must be paid to the franchise company. These fees include a royalty fee, which is a percentage of the franchise's gross sales, as well as an advertising fee, which is a percentage of the franchise's gross sales that is used to support advertising and marketing efforts.
Overall, starting a Zagu franchise can be a lucrative business opportunity, but it is important to carefully consider the cost and ensure that you have the financial resources to support the initial investment and ongoing fees. It is also important to do your research and carefully evaluate the franchise agreement before making a commitment.